As the world truly comes closer and becomes one, more and more people are converging into cities. It is estimated that over half of the world's population now resides in cities. As centres of art, culture, trade and opportunity, cities reshape the landscape around them. Nowhere is this more apparent than in the developing world. And whether you reside in one or not, it is very likely that you will find yourself gravitating towards a city at some point of time in your life.
So when the time is right, what city would you go for? Let's take a look at some of the most promising African cities to invest in. While choosing the right city for residential or business purposes, one must take into account factors like accessibility, opportunities, infrastructure, demographic, geographic location, culture and cost of living. With this in mind, we look at the continent's most promising prospects.
When it comes to investing, the most important thing to look for is an upward trajectory. A strong middle-class population is indicative of great business opportunities and from this respect, a few names stand out immediately. Cities like Dar es Salaam in Tanzania and Lusaka, the capital of Zambia take the top spot. Joining them are cities like Accra in Ghana, Lagos in Nigeria, Cairo in Egypt and Nairobi in Kenya. These cities form the new generation of economic powerhouses in the continent.
If you're itching to begin the next chapter of your personal or business life, a great city to start is Nairobi. It is shaping up to be an incredible growth market with a booming residential and commercial scene. The shining star on the block - Garden City - is Kenya's first integrated residential, retail and office development. With bustling apartment complexes, shopping malls, business hotels and medical facilities, Garden City is the perfect place to set up shop. And when you have your heart set into moving in, there's always Mi Vida, a residential complex that is all about living life to the fullest. It features meticulously designed affordable homes with modern fitments and luxury offerings. So, have you found the city of your dreams?
